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TWEFS appoints new chief exec

Tunbridge Wells Equitable Friendly Society has appointed David White as its new chief executive.

White was appointed to the friendly society&#39s board as sales and marketing director last year. He replaces Nick Morrell who has left the society to pursue other interests.

Peter Lloyd is appointed deputy chief executive and actuary. He joined the company in 1989 and was appointed to the board in January 1997.


Portman Building Society launches one year fixed rate bond

Portman Building Society has launched a one year fixed rate bond paying 5.75 per cent.The bond has a minimum investment of £500 or £1,000 for postal applications.No withdrawals are allowed during the term.

Abbey National to launch stakeholder friendly scheme

Abbey National is planning to launch a stakeholder friendly pension this week according to a report in the Financial Times today.The FT says the plan will have a 1 per cent annual management charge, which is in line with Government recommendations. But its likely to have an initial charge of between 2 and 5 per […]

NPI to sponsor Cardiff 10k road race

NPI is challenging people to go on the run and help raise money for kidney research.The pension specialist which has offices in Cardiff and Tunbridge Wells is urging athletes to compete in the NPI/Kidney Research Unit Foundation 10 kilometre race in Cardiff on September 5.All the monies raised will be donated to the KFU for […]

Government pensions policy based on false analysis

The Government&#39s new pension policy is based upon false analysis of the modern labour market according to a report in today&#39s Financial Times.This accusation is levelled at the Government by the National Association of Pension Funds.Its chairman Alan Pickering says some of the assumptions on which the policy is based are &#34at best only partially […]


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